Cost of living comparison
Iceland is 2.8 times more expensive than Paraguay.
If you lived in Iceland instead of Paraguay, you would:
pay 3.2 times more for restaurants
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.37
₲29,972
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.76
₲32,645
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.90
₲6,197
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$0.48
₲3,309
|
$2.00
kr274
|
|
pay 2.7 times more for groceries
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.76
₲5,182
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$2.77
₲18,982
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$2.87
₲19,687
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$1.47
₲10,067
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$1.44
₲9,905
|
$7.10
kr971
|
|
| Apples (1 lb) |
$0.76
₲5,179
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$0.38
₲2,630
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$0.48
₲3,275
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$0.68
₲4,636
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$0.46
₲3,145
|
$1.01
kr139
|
|
| Onions (1 lb) |
$0.34
₲2,351
|
$0.66
kr91
|
|
pay 2.2 times more for transportation
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.94
₲27,045
|
$7.21
kr986
|
|
| Monthly public transit pass |
$24.48
₲167,842
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$17,301.71
₲118,638,522
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$12.38
₲84,920
|
$21.37
kr2,922
|
|
pay 3.8 times more for housing
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.51
₲140,639
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$317.82
₲2,179,316
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$201.64
₲1,382,629
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.91
₲253,071
|
$70.86
kr9,690
|
|
pay 38.5% more for childcare
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$143.15
₲981,578
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$3,402.06
₲23,328,080
|
$2,822.44
kr385,968
|
|
pay 3.9 times more for entertainment and sports
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.24
₲8,492
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$1.89
₲12,988
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.62
₲11,107
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$29.76
₲204,071
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$7.28
₲49,953
|
$11.69
kr1,599
|
|
pay 2.2 times more for clothing
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$49.17
₲337,183
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$38.25
₲262,254
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$75.70
₲519,094
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$67.18
₲460,678
|
$191.54
kr26,193
|
|
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